Apache Corporation (APA) Shares Slide -2.14%

Apache Corporation (APA) : During the past 4 weeks, traders have been relatively bearish on Apache Corporation (APA), hence the stock is down -10.37% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.08% relative to the S&P 500. The 4-week change in the price of the stock is -7.36% and the stock has fallen -2.14% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.99% and the 50-Day Moving Average is 5.03%. Apache Corp. has dropped 3.05% during the last 3-month period . Year-to-Date the stock performance stands at 20.01%.


Apache Corporation (NYSE:APA): stock turned positive on Friday. Though the stock opened at $51.15, the bulls momentum made the stock top out at $52.74 level for the day. The stock recorded a low of $51 and closed the trading day at $52.5, in the green by 1.27%. The total traded volume for the day was 2,493,592. The stock had closed at $51.84 in the previous days trading.

Also, CLSA initiates coverage on Apache Corporation (NYSE:APA). The shares have now been rated Underperform by the stock experts at the ratings house. The rating by the firm was issued on June 22, 2016.

Apache Corporation (Apache) is an independent energy company, which explores for, develops, and produces natural gas, crude oil, and natural gas liquids. As of December 31, 2014, Apache had exploration and production interests in five countries: the United States, Canada, Egypt, Australia and the United Kingdom. During the year ended December 31, 2014, it participated in drilling 1,478 gross wells, with 1,407 (95%) completed as producers. As of December 31, 2013, in addition to its completed wells, several wells had not reached completion: 318 gross (214.7 net) in the United States; 27 gross (19.0 net) in Canada; 35 gross (32.5 net) in Egypt, and 3 gross (2.2 net) in the North Sea. The Companys operations in United States and Canada are constituted under its North America business, while its International business constitutes its operations in Egypt, Australia and the United Kingdom in the North Sea.

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